Form 4: Parsons CHRO Sells Shares for Tax Obligations

Parsons Corporation's Chief Human Resources Officer, Susan M. Balaguer, disposed of 614 shares of common stock to cover tax withholding obligations.

Summary

• Susan M. Balaguer, Chief Human Resources Officer of Parsons Corporation (PSN), reported a disposition of common stock.
• On February 26, 2026, Balaguer disposed of 614 shares of Parsons Corporation Common Stock.
• The transaction was executed at a price of $66.31 per share.
• This disposition was made to satisfy tax withholding obligations, as indicated by the transaction code 'F'.
• The transaction was conducted pursuant to a Rule 10b5-1(c) pre-arranged plan.
• Following this transaction, Balaguer directly owns 38,005 shares of Common Stock.
• Additionally, Balaguer indirectly owns 1,700.8145 shares of Common Stock through an ESOP.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executives managing equity compensation and tax liabilities, with no direct operational or strategic implications for the company.

Industry Context

StockSavvy.ai notes that dispositions of shares to cover tax withholding obligations are a common and routine event for corporate executives receiving equity compensation, often executed under pre-arranged Rule 10b5-1 plans.

Related Party Transactions

• Disposition of 614 shares of common stock to the issuer (Parsons Corporation) to satisfy tax withholding obligations related to equity compensation.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction by an insider to cover tax liabilities, not indicative of a change in company fundamentals or insider sentiment.

Key Dates

Keywords

Parsons Corporation, PSN, Insider Trading, Form 4, Stock Sale, Tax Withholding, Equity Compensation, Chief Human Resources Officer